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Sky Deutschland moves to net profit as Q1 sales up 10%

2014-11-03 09:05:00| Telecompaper Headlines

(Telecompaper) Sky Deutschland reported revenues for its fiscal first quarter up 10 percent year-on-year to EUR 431 million. Growth was led by an increase in the customer base, while ARPU was stable at around EUR 34 per month. Sky added a net 96,000 subscribers in the quarter, for a total 3.908 million at the end of September. Customer retention efforts helped reduce quarterly churn to 8.6 percent from 12.5 percent a year ago. EBITDA for the three months to September jumped 86 percent to EUR 54 million, and the net result moved to a profit of EUR 12 million versus a loss of EUR 14 million a year ago. Sky said it increased HD users by 75,000 to 2.311 million, and Sky+ users rose by 105,000 to 1.786 million. The number of customer sessions on Sky Go grew by 43 percent year-on-year to 26 million in Q1. Sky published its results a day earlier than scheduled to coincide with the expiry of BSkyB's extended bid for the company. The companies expect the acquisition to close by mid-November. The German provider reiterated its outlook for the 2014/15 financial year, for subscriber net growth of 400,000 to 450,000, EBITDA of EUR 80-110 million and a continued strong increase in revenues.

Tags: up net sales deutschland

 

Daimler net profit up 49 percent in 3rd quarter

2014-10-23 10:47:00| Automakers - Topix.net

Automaker Daimler says its net earnings rose by nearly half in the third quarter as revenue rose 10 percent and the company booked a one-time gain from the sale of a stake in a maker of heavy-duty engines. Daimler AG on Thursday reported a net profit of 2.82 billion euros for the July-September period, a 49-percent rise from last year's 1.9 billion euros.

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HTC posts net profit of TWD 640 mln in Q3

2014-10-07 04:29:00| Telecompaper Headlines

(Telecompaper) Smartphone manufacturer HTC posted unaudited net operating profit of TWD 160 million and net profit of TWD 640 million for the third quarter of 2014, Digitimes reports. HTC also reported consolidated revenues of TWD 16.718 billion for September rising 14.97 percent sequentially but slipping 7.90 percent year-on-year. Consolidated revenues for the January-September period reached TWD 140.045 billion, dropping 12.75 percent year on year.

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China Telecom H1 net profit grows 11.8%

2014-08-27 08:47:00| Telecompaper Headlines

(Telecompaper) China Telecom reported first-half revenues of CNY 165.9 billion, which represents an increase of 5.3 percent from CNY 157.5 billion in June 2013. EBITDA slightly increased by 0.8 percent year-on-year to CNY 50.5 billion, with EBITDA margin at 33.8 percent at 30 June. Net profit rose 11.8 percent to CNY 10.4 billion. Capital expenditure amounted to CNY 23.1 billion while free cash flow reached CNY 23.9 billion.

Tags: net china profit telecom

 

Scotiabank posts a higher third-quarter net profit and hikes its dividend

2014-08-26 18:53:58| Furniture - Topix.net

The Bank of Nova Scotia raised its dividend Tuesday as it reported increased profits in the latest quarter, boosted by its wealth management and insurance businesses and the sale of its stake in money manager CI Financial Corp. The bank reported a profit of $2.35 billion, or $1.85 per diluted share, for the quarter ended July 31. That compared with ... (more)

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